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already lost 80% of its value since the beginning of the year. president mahmoud ahmadinejad has accused the west of using sanctions to wage economic war against the country. u.s. officials say that this reflects the success of the economic sanctions targeted on the the nuclear program. >> a frightening crisis for the people of iran, a collapsing currency. with money losing value all the time, food prices have soared. some shops have stopped trading. many worry about jobs, savings, and why the government cannot stop it. >> the prices of food, cheese, butter, milk and even fruit have witnessed an increase of 10% in the last two weeks. people are complaining about that. they are publicly complaining about this situation and they blame the situation on a ahmadinejad. >> today, he put the blame on western sanctions. >> it is very clear, iran is being pressurized. there are sanctions from the enemy telling other nations not to buy iranian oil. this is a secret war. the enemy thinks that with these sanctions, they can defeat iran. they cannot. it is a psychological war. "you can see how much t
execution- style. at the united nations in new york, iranian president mahmoud ahmadinejad aimed new attacks at the u.s. in a speech to the general assembly, he talked of a new world order, without what he called the hegemony of arrogance. he also denounced israeli threats of a military strike against iran's nuclear sites. >> ( translated ): testing new generations of ultra-modern weaponry and the pledge to disclose these armaments in due time is now being used as a new language of threat against nations to coerce them into accepting a new era of hegemony. continued threat by the uncivilized zionists to resort to military action against our great nation is a clear example of this bitter reality. >> sreenivasan: the u.s. delegation boycotted the speech, citing ahmadinejad's repeated diatribes against israel. later, the new, islamist president of egypt mohammed morsi also took on israel, over the plight of the palestinians. >> ( translated ): it is shameful that the free world would accept that a party in the international community may continue to deny the rights of a nation that looks to ind
. >> woodruff: but iran's president, mahmoud ahmadinejad, has long insisted that the country's nuclear program is only for peaceful purposes. and during his own speech yesterday, he denounced potential military action by israel. >> testing new generations of ultra-modern weaponry and the pledge to disclose these armaments in due time is now being used as a new language of threat against nations to coerce them into accepting a new era of hegemony. continued threats by the uncivilized zionists to resort to military action against our great nation is a clear example of this bitter reality. >> woodruff: earlier this week, iran unveiled a new long-range reconnaissance drone and the country's revolutionary guard said it tested new missiles as well. prime minister netanyahu noted that while international sanctions by the u.s. and other countries have hurt the iranian economy, they did not stop its nuclear program. >> there's only one way to peacefully prevent iran from getting atomic bombs. and that's by placing a clear red line on iran's nuclear weapons program. i believe that faced with a clear red
Search Results 0 to 2 of about 3